May 23, 2016 BY LeapRate Staff

Philippines FX brokers work to stop Metrobank from shutting down their accounts

A war has been brewing the past few weeks between some of the Philippines' largest forex brokers and the country's largest bank and financial institution, Metrobank. Philippines newspaper Inquirer is reporting that amid a clampdown by Philippines banks on their ties with money changers and remittance firms, a group representing local foreign exchange dealers is…

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